Koonenberry’s 100% owned subsidiary company, Lasseter Gold Pty Ltd, owns a 100% interest in twelve (12) granted tenements associated with the Koonenberry Gold Project. All tenements are in good standing. This is a significant lease position of approximately 1,339 km2 in an emerging major mineral province which holds excellent potential for a number of different styles of gold mineralisation.
The Project area is centred on a major gold nugget field which is sourced from outcropping nuggety quartz reefs that have had until recently been limited by land access. Koonenberry has one land access agreement in place, one in the process of being renewed and one to be negotiated.
It is anticipated that KNB will list on the ASX during August 2021.
Koonenberry Gold Project is a Victorian-style orogenic Gold opportunity in a new and underexplored gold province. Early stage exploration and interpretation indicate considerable untested potential in this greenfields project area.